The automotive industry continues to be a hotbed of patent innovation. Activity is driven by the need for enhanced driving experience, as well as the increasing importance of technologies such as the development of software to create an ideal in-car experience for drivers. In the last three years alone, there have been over 720,000 patents filed and granted in the automotive industry, according to GlobalData’s report on Advanced materials in automotive: anti-corrosive coatings. Buy the report here.
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According to GlobalData’s Technology Foresights, which uses over one million patents to analyze innovation intensity for the automotive industry, there are 300+ innovation areas that will shape the future of the industry.
Anti-corrosive coatings is a key innovation area in advanced materials
Anti-corrosion coatings are used in several industries to safeguard metal parts from deterioration caused by moisture, salt spray, oxidation, or exposure to a variety of industrial or environmental chemicals.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 160 companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of anti-corrosive coatings.
Key players in anti-corrosive coatings – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to anti-corrosive coatings
Source: GlobalData Patent Analytics
PPG Industries is one of the leading patent filers in anti-corrosive coatings. It has developed a new product called PPG INHIBISIL Silica Anti-Corrosion Pigments, which are calcium oxide-modified silica products, that are designed to replace traditional chrome-based and other toxic anti-corrosion pigments. The anti-corrosion pigments are non-toxic, chemically inert, and compatible with other anti-corrosion additives. Some other key patent filers in the innovation area include Axalta Coating Systems, LG, Nippon Steel, and Hempel.
In terms of application diversity, Axalta Coating Systems held the top position, while PPG Industries and LG stood in second and third positions, respectively. By means of geographic reach, Axalta Coating Systems leads the pack, followed by Hempel and LG.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
